PSA: Manufacturing output settles in March

MANILA, May 8 -- The country's manufacturing output both in volume and value declined in March this year, the Philippine Statistics Authority (PSA) said on Wednesday. Results of the latest Monthly In... Read More

March employment rate up at 96.1%, unemployment down at 3.9%

MANILA, May 8 -- The country's unemployment rate in March this year was estimated at 3.9 percent, lower than the recorded 4.7 percent in March last year, National Statistician Dennis Mapa said. In a ... Read More

PH records $103.4B foreign reserves in April

MANILA, May 8 -- The Philippines' gross international reserves (GIR) settled at USD103.4 billion as of the end of April this year, the Bangko Sentral ng Pilipinas (BSP). In a statement released late ... Read More

Over 179M coins deposited in BSP deposit machines

MANILA, April 22 -- The Bangko Sentral ng Pilipinas (BSP) said PHP648.9 million worth of coins have been deposited through its coin deposit machines (CoDMs) as of April 15. In a social media post on ... Read More

PH first to sign rapid response to crisis pact with WB

MANILA, April 22 -- The Philippines recently signed the Rapid Response Option (RRO) agreement with the World Bank Group (WBG), allowing the country to deploy resources from its existing bank portfolio... Read More

PGH's Cancer Center Project's revised cost up for NEDA Board approval

MANILA, April 18 -- Changes to the project cost, revised parameters, and terms and conditions of the Cancer Center Project of the University of the Philippines-Philippine General Hospital (UP-PGH) Man... Read More

NEDA: PH implementing reforms to improve business climate

MANILA, April 18 -- The National Economic and Development Authority (NEDA) said on Thursday, Secretary Arsenio Balisacan has urged businesses in the United States to invest in the Philippines, noting ... Read More

Recto presides over G-24 Ministerial Meeting

MANILA, April 18 -- Department of Finance (DOF) Secretary Ralph Recto presided over the Intergovernmental Group of Twenty-Four (G-24) on April 16 as Chair of the Board of Governors where he called upo... Read More

BSP: Peso not performing poorly

MANILA, April 17 -- Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said the peso's performance lately could not be categorized as poor, adding that the local currency is only adjusting to... Read More

2 firms eye Islamic banking operations in PH

MANILA, April 17 -- Maybank Philippines and a foreign company plan to establish Islamic banking operations in the country, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday. In a briefing at th... Read More

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